119 Avenue AWalnut SpringsTX76690
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Walnut Springs at 119 Avenue A, Walnut Springs, TX, 76690 offers a 9.75% rental yield on a $209,900 purchase with $1,706/mo rent. Total monthly income registers $1,706/mo, and a $1,027/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,565/yr on $69,582 to close, and return on cash invested stands at 23.59% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 123.84% and total cumulative return in cash at $86,168. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,706/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76690, Walnut Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 720 (100%) |
| Owner Occupied HU | 451 (62.6%) |
| Renter Occupied HU | 116 (16.1%) |
| Vacant Housing Units | 153 (21.2%) |
| Median Home Value | $237,121 |
| Average Home Value | $330,477 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
500
Multi-Family
0
Businesses
28
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